Quote:
Originally Posted by bitontheslide
Playing with words. There are always borrowers and lenders. For the prosperity of the country, you run at a surplus. Anything else is pure codswallop
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How do you think they get to that surplus? Do you have any links you are reading that I haven't managed to find? Creating a surplus means a fall in your net assets and will create huge private sector deficits. Government budget surplus has to equal private Sector deficit.
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Private/ Government/ Total
Income... £1000/ £100/ £1100
Spending... £1100/ £0/ £1100
Balance... -£100/ +£100/ £0